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Global Athletic Footwear Market

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Global Athletic Footwear Market was valued US$ XX Bn in 2018 and is expected to reach US$ XX Bn by 2026, at CAGR of 31.01% during forecast period.

Global Athletic Footwear Market

Major drivers of the global athletic footwear market are growing health awareness and safety consciousness. Currently, there is a movement for fitness and physical activities among individuals encouraging them for regular exercise resulting in increasing demand for the global athletic footwear market. Rising awareness among people about the benefits of sports and exercises is expected to fuel the growth of the target market shortly. Rising demand for sports shoes among individuals, to avoid injury during exercise. Changing lifestyle and its effects like diabetes, high blood pressure, and depression are also making people more focused on daily exercises like yoga, jogging, and gym.

However, the rising cost of raw materials and environmental concerns regarding the use of synthetic rubber in athletic footwear production are factors expected to hamper growth of the global athletic footwear market.

Development of cost-effective athletic footwear and use of 3D printing technology for manufacturing can create high revenue opportunities for target players in the global athletic footwear market.

Based on the distribution channel segment, the online store's segment by distribution channel is likely to grow at a remarkable pace during the forecast period. Growing e-business across the globe is a key reason which is augmenting the growth of these segments. Further, online shopping sites are implementing various strategies such as online fashion sales, discounts on footwear to get the attention of the population. Furthermore, the availability of a massive range of athletic footwear on e-shops is estimated to drive the growth of the global athletic footwear market during the forecast period

On the basis of the product type segment, Athletic footwear is a type of shoes that are intended for physical activities and sports. Athletic footwear is made from flexible materials like leather, rubber and various other synthetic forms of materials. Inside footwear cushioning is provided using ethylene-vinyl acetate (EVA) and polyurethane material. Athletic footwear is called by different names in different counties like sneakers in the US, trainers in the UK, etc. Availability of athletic footwear in different shapes, sizes, colors and price range making it more popular among the young population.

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Target Nation: All Nations
Target City : pune
Last Update : 20 March 2020
Number of Views: 5
Item  Owner  : aarti
Contact Email:
Contact Phone: 07447481605

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2020-03-29 (0.213 sec)